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FEDCOOP

What We Do

Peer Review

Members trust a cooperative that can show its books are in order. Peer review lets experienced management committees check and strengthen each other's governance.

In practice

What this means in practice

  • A structured review of governance, records and loan administration.
  • A written report with practical recommendations, not a pass or fail.
  • Follow-up support for the areas the review identifies.
  • Evidence of good governance that members, partners and regulators recognise.

The mechanics

How it works

A society requests a review. FEDCOOP assigns a team drawn from other member societies with no conflict of interest.

The team reviews documents, meets the management committee, and issues a report. The society agrees an action plan and a date for follow-up.

Governance self-check

Ten questions about your society's governance. Answer honestly; the result stays on this page.
  1. 01Has your society held an Annual General Meeting in the last 12 months?
    YesNo
  2. 02Have audited accounts for the last financial year been filed?
    YesNo
  3. 03Is your loan policy written down and approved by members?
    YesNo
  4. 04Are management committee elections held on the schedule set in your bye-laws?
    YesNo
  5. 05Does the committee keep signed minutes of every meeting?
    YesNo
  6. 06Can members get a statement of their savings and loans on request?
    YesNo
  7. 07Are cash and bank records reconciled at least once a month?
    YesNo
  8. 08Do at least two officers sign every payment?
    YesNo
  9. 09Has your registration with the cooperative regulator been kept current?
    YesNo
  10. 10Have committee members received governance or bookkeeping training in the last two years?
    YesNo

0 of 10 answered. Your result appears when every question has an answer. Nothing is sent or stored.

Peer Review

Societies auditing and strengthening one another's governance.

Request a peer review